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11.G. RIGHT-OF-WAY ACQUISITION - PAVING AND DRAINAGE IMPROVEMENTS/PROJECT NO. 9920 - 16TH STREET BETWEEN 66TH AND 74TH AVENUES - MARJORIE L. BRADLEY~ TRUSTEE The Board reviewed a Memorandum of March 8, 2001: TO: James E. Chandler, County Administrator THROUGH: James W. Davis, P.E., Public Works Director AND Christopher J. Kafer, Jr., P.E., County Enginee FROM: Ronald L. Callahan, SRA, Right -of -Way Agent SUBJECT: Right -of -Way Acquisition 16th Street between 66th and 741h Avenues Street Paving and Drainage Improvements/Project No. 9920 Marjorie L. Bradley, Trustee • • ,Qh DATE: March 8, 2001 DESCRIPTIONS AND CONDITIONS An additional 70 feet (70') of right-of-way is needed along the north side of 16ih Street between 66`h and 74`h Avenues to accommodate a paving and drainage road improvement project. The owner has executed a contract at a negotiated price of 525.000.00 per acre for this A-1 zoned land, which has a Land Use Designation of M-1, 8 -units per acre. This price per acre is comparable to other similar land use parcels the County has recently purchased in the same area and through evaluations. The contract price is 314,487.20. The purchase price for the land is 313,800.00 based on 0.552 acres (S25.000 per acre x 0.552 acres = S13 800.00). The balance of the purchase price is in the form of a site improvement, which consists of reimbursing the property owner for the construction and relocation of 343.6'of pasture fencing totaling 3687.20. There are no appraisal or attorney's fees. Other terms and conditions in the contract are as follows: a) The S14,487.20 will be net to the seller. There will be no expenses taken from the contract price; b) There will be no assessments levied against the property for the completion of this project. ALTERNATIVES AND ANALYSIS None March 20, 2001 Bt(662 190